HC Deb 23 March 1949 vol 463 cc37-8W
Mr. Nally

asked the Chancellor of the Exchequer the approximate total revenues that have accrued to the Treasury from football pool betting including and since the 1945–46 football pool season to the latest convenient date; and the proportion of such revenues accounted for by profits made in provision of postal facilities for pool firms and amounts collected under the operation of the pools tax.

Mr. Glenvil Hall

The estimated net profit accruing to the Post Office on football pool business, including the profit on letters and on postal orders, and the amount collected by the Customs and Excise as pool betting duty from football pools (together with other similar pools included under the same heading) are as follows:

Financial year Post Office Customs and Excise
£ £
1945–46 500,000
1946–47 1,600,000
1947–48 2,000,000 1,652,000*
Period 1st April, 1948 to 28th February, 1949 1,750,000 10,544,000
*The pool betting duty was introduced on 1st January, 1948, and this figure therefore refers to a period of three months only.